EVERSOURCE ENERGY
Eversource Energy is a public utility holding company headquartered in Boston, Massachusetts and Hartford, Connecticut. The company is engaged primarily in the energy delivery business through its subsidiaries: The Connecticut Light and Power Company (CL&P), NSTAR Electric Company (NSTAR Electric), and Public Service Company of New Hampshire (PSNH). These subsidiaries provide electric and natural gas utility services to customers in Connecticut, Massachusetts, and New Hampshire. Eversource Energy also has an offshore wind business. The electric distribution segment of Eversource Energy consists of the distribution businesses of CL&P, NSTAR Electric, and PSNH, which distribute electricity to residential, commercial, and industrial customers in their respective service territories. CL&P serves approximately 1.28 million customers in Connecticut, NSTAR Electric serves approximately 1.49 million customers in eastern and western Massachusetts, and PSNH serves approximately 539,000 customers in New Hampshire. Eversource Energy's website is www.eversource.com and its ticker symbol is ES on the New York Stock Exchange. The company's business strategy is to provide safe and reliable energy delivery services to its customers, and it does this through a regulated business model where it is subject to regulation by various state and federal regulatory bodies. Eversource Energy's business segments include electric distribution, electric transmission, natural gas distribution, and water distribution. The electric distribution segment represents substantially all of Eversource's total consolidated revenues. Eversource Energy's electric distribution segment in Connecticut is served by CL&P, which does not own any electric generation facilities and purchases energy supply to serve its customers from a variety of competitive sources. In Massachusetts, NSTAR Electric owns and operates 70 MW of solar power facilities and sells energy from these facilities into the ISO-NE market. In New Hampshire, PSNH also does not own any electric generation facilities and purchases energy supply to serve its customers from competitive sources. Eversource Energy's offshore wind business includes 50% ownership interests in three offshore wind projects and a tax equity investment in one of the projects. For more information, see the "Offshore Wind Business" section in the accompanying Item 7, Management's Discussion and Analysis of Financial Condition and Results of Operations.